Global Fiber Optic Sensors Market, 2016-2019 & 2026: Market is Set to Exhibit a CAGR of 10.1%, 2018-2026

DUBLIN, Feb. 12, 2019 /PRNewswire/ --

The "Global Fiber Optic Sensors Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026" report has been added to ResearchAndMarkets.com's offering.

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The global fiber optic sensors market is set to exhibit CAGR of 10.1% during the forecast period from 2018 to 2026.

Fiber optic sensing has emerged as a prevalent technology across numerous industries including healthcare, automotive, aerospace, civil, manufacturing, and energy. These sensors are capable of measuring a wide variety of parameters including strain, temperature, internal and applied loads, deflection, liquid level and more. Today, fiber optic sensors can be used to measure more than 60 parameters, availing a wide range of application area. Fiber optic sensors are low cost, lightweight, robust, immune to electromagnetic interference and capable of functioning in harsh environments. Unlike conventional electrical sensors, fiber optic sensors can be positioned close to large EMI sources as well as structures that are prone to lightning strikes.

The overall fiber optic sensors market is segmented based on product type, material, end-user and geography. Based on the product type, the fiber optic sensors market is led by intrinsic sensors accounting for more 2/3rd of the total market value. Further, based on end-user, industrial manufacturing & processing segment leads the fiber optic sensors market.

In the following years, the oil & gas segment is expected to register the highest growth rate in the market. Fiber optic sensors have offered a viable solution for well and reservoir surveillance in the oil and gas industry. These sensors are being widely deployed in the oil and gas sector for measuring temperature, chemical composition, pressure, acoustics, and strain. With rising subsea processing and increasing requirement of system monitoring, there has been a growing demand for optical fibers with longer transmission distances and higher bandwidth.

On the basis of geography, North America dominated the overall fiber optic sensors market with a share of nearly 34% in the year 2017. The regional market growth is primarily governed by the presence of sophisticated industrial manufacturing & processing sector. The Asia Pacific is expected to demonstrate the highest growth rate during the forecast period. The market growth in the Asia Pacific is estimated to be supported by the rapidly growing industrial sector in China and India.

Key Topics Covered:

Chapter 1 Preface

Chapter 2 Executive Summary

Chapter 3 Market Dynamics

3.1 Introduction

3.2 Market Dynamics

3.2.1 Market Drivers

3.2.1.1 Rising Industrial Manufacturing & Processing Sector Worldwide

3.2.1.2 Steadily Growing Oil & Gas Industry Worldwide

3.2.1.3 Superior Benefits and Convenient Designs

3.2.2 Market Restraint

3.2.2.1 Established Conventional Sensors Market

3.3 Attractive Investment Proposition, by Geography, 2017

3.4 Market Positioning of Key Fiber Optic Sensors Vendors, 2017

Chapter 4 Global Fiber Optic Sensors Market, by Product Type

4.1 Overview

4.2 Intrinsic Fiber Optic Sensors

4.3 Extrinsic Fiber Optic Sensors

Chapter 5 Global Fiber Optic Sensors Market, by Material

5.1 Overview

5.2 Glass Fiber Optic Sensors

5.3 Plastic Fiber Optic Sensors

Chapter 6 Global Fiber Optic Sensors Market, by End-user

6.1 Overview

6.1.1 Global Fiber Optic Sensors Market Value Share, by End-user, 2017 & 2026 (Value, %)

6.2 Industrial Manufacturing & Processing

6.3 Oil & Gas

6.4 Energy & Utilities

6.5 Healthcare

6.6 Automotive & Transportation

6.7 Defense

Chapter 7 North America Fiber Optic Sensors Market Analysis, 2016 - 2026 (US$ Mn)

Chapter 8 Europe Fiber Optic Sensors Market Analysis, 2016 - 2026 (US$ Mn)

Chapter 9 Asia Pacific Fiber Optic Sensors Market Analysis, 2016 - 2026 (US$ Mn)

Chapter 10 Rest of the World (RoW) Fiber Optic Sensors Market Analysis, 2016 - 2026 (US$ Mn)

Chapter 11 Company Profiles

    --  ABB Ltd.
    --  AFL Group
    --  AP Sensing GmbH
    --  Deltex Medical Group PLC
    --  Finisar Corporation
    --  Fiso Technologies, Inc.
    --  Halliburton CO
    --  Luna Innovations Inc.
    --  OmniSens S.A.
    --  OMRON Corporation
    --  Opsens, Inc.
    --  OptaSense (QinetiQ Company)
    --  Pepperl+Fuchs GmbH
    --  Petrospec Engineering Inc.
    --  Schlumberger Ltd.
    --  SCHOTT AG
    --  Sumitomo Electric Industries Ltd.
    --  TE Connectivity
    --  Ziebel AS

For more information about this report visit https://www.researchandmarkets.com/research/37hb7w/global_fiber?w=5

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